Much commentary lately on the Pope’s critique of capitalism. Some even describe it as ‘Marxist’, this is silly, but so also are many of the evocations of the Marxist legacy on the left. Marx wasn’t the first or the last critic of capitalism. The originality of Marx’s work does not lie in his moral critique […]
Would bank nationalization have made a difference?
In November Americans will vote in Congressional elections that will probably deliver a major rebuff to the Democrats. Is there any way the Democrats could have prevented this outcome? From an Australian viewpoint the American discussion of Congressional elections is curious as relatively little attention is given to overall voting intention, it is true that […]
Socialism within capitalism?
To look over the landscape of socialism is to be persuaded that again and again that Marx was the socialist thinker who had something enduring to say, non-Marxist socialism is fated to merge into liberalism, and if we were looking to political guidance Leonard Hobhouse probably more offers more than the Webbs.